Income inequality in Britain has fallen since the financial crisis and by some measures is significantly lower than it was at the end of the Thatcher era, though many people have difficulty believing it because they tend to focus on pre-tax incomes. But we should thank progressive taxation for the fall, which has increased the tax share paid by those on higher incomes significantly.
Income inequality in Britain has fallen since the financial crisis and by some measures is significantly lower than it was at the end of the Thatcher era, though many people have difficulty believing it because they tend to focus on pre-tax incomes. But we should thank progressive taxation for the fall, which has increased the tax share paid by those on higher incomes significantly.
Income inequality in Britain has fallen since the financial crisis and by some measures is significantly lower than it was at the end of the Thatcher era, though many people have difficulty believing it because they tend to focus on pre-tax incomes. But we should thank progressive taxation for the fall, which has increased the tax share paid by those on higher incomes significantly.